Microsoft (MSFT) declared a quarterly disbursement of 56 cents a share, up almost 10% from 51 cents. Microsoft stock is up 50% for the year. The dividend is payable Sept. 10, 2020, to shareholders of record on Aug. 20, 2020. The ex-dividend date will be Aug. 19, 2020.
Texas Instruments Inc. raises its dividend by 13%.Texas Instruments (NASDAQ:TXN) declares $1.02/share quarterly dividend, 13.3% increase from prior dividend of $0.90.The dividend is payable Nov. 16.
In other news:Shares of Apple dropped -3.17% from its high today, giving up $500 billion in market cap. This may be an opportunity to get in and hold for the long-term. Apple will launch first online store in India next week. Apple currently sells its products on Amazon.com Inc’s Indian unit and Walmart Inc-owned Flipkart. Apple gives shareholders a dividend of $.82 per share.